News

Blackstone and Insight get thumbs up as CalPERS plans to cut number of managers

Plans to drop more than two-thirds of its private equity managers over the next five years did not stop the California Public Employees’ Retirement System from re-upping a total of $1 billion to two of its top general partners in April, according to June 15 meeting materials.

ArcLight expects Fund VI final close this summer

ArcLight Capital Partners is preparing to close its sixth energy partners fund in June or July, according to documents obtained from the State of Connecticut Treasurer’s Office.

LP Radar: SCRS commits to Brookfield PE fund

Brookfield’s mid-market fund received a $125m commitment from South Carolina Retirement System

Crestview, CVC and Pine Brook invest $650m in Fidelis

<p>Private equity club deal marks latest investment in<span style="font-family: 'Palatino Linotype', serif; font-size: 11pt; line-height: 107%;"> insurance sector</span></p>

Panasonic Healthcare to acquire Bayer Diabetes for €1bn

KKR-backed Japanese company to buy diabetes products marketing and distribution partner

LACERS commits combined $45 million to NEA, IVP

The Los Angeles City Employees’ Retirement System (LACERS) continues to boost its exposure to the lower end of the private equity market, having recently allocated $45 million across a pair of late stage venture capital and growth equity funds, according to June 9 meeting materials.

Michigan commits more than $770 mln in Q2

The State of Michigan Retirement Systems committed more than $770 million to private equity and venture capital funds during the second quarter, including $237.8 million to European-focused funds, according to retirement system documents.

LP Scorecard: NGEN and Carlyle/Riverstone funds weigh down performance at CalSTRS

The California State Teachers’ Retirement System, celebrated for the success of its private equity portfolio, hasn’t scored hits with every fund. The accompanying table shows the worst funds in its portfolio by IRR, excluding venture capital funds and vintage 2010 funds and younger that may still be in their J-curve days.

Goodwin survey finds equity rollover pool size declines

New survey breaks down equity rollover by management teams and founders<br />

Apax listing alternative investment vehicle

<p>The London-listed investment trust will invest in Apax Partners private equity deals and investments derived from the group’s main activities </p> <p> </p>